Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in third-party e-wallets, banks, remittance services and other ecosystem players. The […]
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Back to news homeEx-Goldman Sachs Banker Convicted for His Role in a $4 Billion Fraud
A former Goldman Sachs banker was convicted Friday on bribery and money laundering charges stemming from a globe-spanning fraud scandal: the looting of more than $4 billion from a Malaysian […]
Mozilla launches paid subscriptions to its Developer Network
Mozilla today launched MDN Plus, a paid subscription product on top of the existing (and recently re-designed) Mozilla Developer Network (MDN), one of the web’s most popular destinations for finding […]
YC alum Dropee, a Malaysia B2B wholesale platform, lands $7M Series A
Another startup focused on SMEs in Southeast Asia has announced a funding round. Dropee, a Malaysia-based B2B wholesale platform that also offers financial services, like working capital loans, to SMEs, […]
Malaysia-based Poladrone raises $4.29M seed round to protect crops
Rhinoceros beetles are one of the greatest threats to oil palm crops, attacking plants while they are young and potentially lowering a farm’s yield for years. They also affect workers’ […]
Upmesh wants to build a community-driven discovery app for Southeast Asian live commerce
The founders of Upmesh were building a game on top of Twitch’s API when they realized something about another group of livestreamers. Even though selling through Facebook Live has been […]
Facebook revamps its business tool lineup following threats to its ad targeting business
Facebook today is announcing the launch of new products and features for business owners, following the threat to its ad targeting business driven by Apple’s new privacy features, which now […]
Disney+ beats expectations to reach 116 million subscribers in Q3
Disney’s streaming service is seeing improved growth, after initially seeing slower numbers of subscriber additions in Q2 as COVID lockdowns and mask mandates came to an end. Today, Disney+ beat […]
Carsome Group will acquire iCar Asia in a deal worth $200M
Southeast Asia’s car marketplace wars are going into high drive. Today Carsome Group, one of the region’s largest online used car marketplaces, said it plans to acquire listings platform iCar […]
Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2
Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other […]